Frankfurt (Reuters) - According to calculations by banks and brokerages, the DAX will open higher on Tuesday. On Friday - the last trading day of the 2023 stock market year - it closed 0.3 percent firmer at 16,751.64 points.

US stock markets, on the other hand, recently went into reverse. Traders and analysts spoke of profit-taking.

The focus on Tuesday will continue to be on the economic situation. Among other things, the purchasing managers' indices for industry are scheduled for publication. Experts polled by Reuters expect the barometer to remain stable for both the eurozone and Germany. Data for the USA is also due in the afternoon. In China, the Caixin/S&P Global Manufacturing PMI for the manufacturing sector showed stronger growth. However, this data was in contrast to the official data published by the National Bureau of Statistics at the weekend. According to the data, manufacturing activity in the People's Republic contracted for the third month in a row in December and weakened more than expected.

               Closing prices of European indices level Dax 16,751.64 Dax future 16,950.00 EuroStoxx50 4,521.65 EuroStoxx50 future 4,570.00 Closing prices of US indices level change previous trading day Dow Jones 37,689.54 -0.1 percent Nasdaq 15,011.35 -0.6 percent S&P 500 4,769.83 -0.3 percent Asian indices on Tuesday level change Nikkei No trading Shanghai        

(Report by Zuzanna Szymanska. Edited by Christian Götz. If you have any questions, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and the economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)